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This was sent to me by my friend. Imagine how happy I was when I read it, it convey an ideal image of option spread trading.

Many do take the plunge. It is a big deal.

Filing under: Major movement, Earnings reports, Forecasts, Bad news, Sun Microsystems (JAVA), Options, Technical AnalysisSun Microsystems (NASDAQ: JAVA) shares are falling today after the company warned it will likely not turn a profit in the current quarter, despite having earnings come in at the high end of estimates this morning and announcing a stock buyback. JAVA executives said a weak financial sector has led to lower sales for the company. If you think this stock won't be rising too far .. read the rest.

Continue to think funny every time the milk boils over, a meat thermometer takes the guesswork out of roasting, this is definitely wrapping my mind:

New York City.  The city so nice they named it twice! Before I show you frugal things to do and see in New York City let's look at the first paragraph from Wikipedia: New York City (officially The City of New York) is the largest city in the United States, with its metropolitan area ranking among the largest urban areas in the world. Founding as a commercial trading post by the Dutch in 1625, it served as the capital of the United States from 1785 until 1790, and has been the nation's ..next.

Once, of course, the inevitable happened:

Believe it or not, most experts agree the beginning option traders shouldn't actually trade real options. Instead, spend a few months by trading options on paper. Of course, this is quite different from using real money but it can be a great way to learn option trading. Spend sometime tracking your trades on paper or a spreadsheet before you start trading options on a small scale. Continue to do so till you build your confidence and skills. If you buy options with prices under $2 or so , .. read the rest.

They really do represent the difference between a big success and a bigger failure.